Corporate Grapevine

Published: Nov 15, 2022
Updated: Nov 15, 2022

LIC’s romance with Indian blue chips

Life Insurance Corporation is buying additional shares in Tata group companies and has sold a 2 per cent stake in Adani Ports since October this year.

LIC is sitting on a pile of cash on its exposure to Adani shares and expects Tata group shares to go up. It bought additional shares in Tata Motors and Voltas and sold a stake in Tata Chemicals.

Reliance continues to be the top-valued share in the LIC portfolio and if the Ambuja stake is included Adani will top the LIC equity portfolio investments.

February 15, 2025 - First Issue

Industry Review

VOL XVI - 10
February 01-15, 2025

Formerly Fortune India Managing Editor Deven Malkan Assistant Editor A.K. Batha President Bhupendra Shah Circulation Executive Warren Sequeira Art Director Prakash S. Acharekar Graphic Designer Madhukar Thakur Investment Analysis CI Research Bureau Anvicon Research DD Research Bureau Manager (Special Projects) Bhagwan Bhosale Editorial Associates New Delhi Ranjana Arora Bureau Chief Kolkata Anirbahn Chawdhory Gujarat Pranav Brahmbhatt Bureau Cheif Mobile: 098251-49108 Bangalore Jaya Padmanabhan Bureau Chief Chennai S Gururajan Bureau Chief (Tamil Nadu) Ludhiana Ajitkumar Vijh Bhubaneshwar Braja Bandhu Behera

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